In previous related industry reports, it was mentioned that "the sales volume of construction machinery will continue to show a downward trend
", and this article clearly pointed out the main reasons for this phenomenon, although the production of construction machinery and Guansheng Machinery Co., Ltd. There are still some differences in mechanical equipment such as chillers
, mold temperature controllers, dehumidifiers, etc., but now they also face the problem of tight supply of parts and gradually affecting production capacity, so it is also worth sharing and discussing together!
In the first quarter, all listed construction machinery companies actively stocked up and adopted a more aggressive sales strategy. Accounts receivable rose sharply, and net operating cash flow dropped significantly. The attractive promotion strategy and the expected year-on-year increase in new construction in various places have caused downstream customers of construction machinery to have a counter-seasonal wave of purchases in the first quarter, and the off-season is not short. The month-on-month decline in sales data in April was expected, but looking at the first four months of this year, it was just that the first three months had digested some of the purchasing needs in April in advance.
Beginning in May, the tight supply of parts that are underestimated by the market will gradually affect production capacity. On the one hand, the rough parts factory for hydraulic parts, chassis and engines is located in the northeast of Japan, resulting in a shortage of raw material supply. This caused some bottlenecks in their own production capacity. Furthermore, under the strong pressure of domestic companies, Komatsu and others consciously slowed down the supply of raw materials to companies such as Kawasaki. We expect the overall sales of the industry to be suppressed starting in May, and we are cautious about the industry sales in May-July this year.